Far West

Nevada Gov. Brian Sandoval and legislative leadership announced a budget deal Wednesday.

Standard & Poor’s this week said California may have trouble accessing the municipal market for its revenue anticipation notes without a balanced budget.

Dale Bonner, the former California secretary of business, transportation, and housing, has started a new firm to focus on public-private partnerships.

WASHINGTON — State and local transportation decision-making fits no pattern and varies widely cross the country as governments try to cope with needs that overwhelm their available financing, according to a first-of-a-kind report released Wednesday.

WASHINGTON — Washington State lawmakers in the House and Senate have introduced legislation to create $3 billion of qualified forest conservation bonds that could be used to help spur public-private partnership financing of sustainable ecosystems.

Issuers and independent financial advisers heralded the Securities and Exchange Commission’s endorsement of a proposed rule that would bar dealer-financial advisers from acting as an underwriter and a muni adviser on the same transaction.

SAN FRANCISCO — A federal judge in California has ruled that the city of Alameda did not commit securities fraud in a deal with Nuveen Investments even if it may have intentionally misled bondholders.

WASHINGTON — The District of Columbia’s budget vote last Wednesday jolted local municipal bond investors who could see their taxes jump on Oct. 1 as a result of a provision to tax the interest earnings from munis issued outside the district.

WASHINGTON — Financial reporting delays by state and local governments significantly compromise the usefulness of the information to users, including financial analysts, according to a recent report by the Governmental Accounting Standards Board.

SAN FRANCISCO — No redevelopment agencies? No problem.